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“Income Tax Assistant”
software is to assist taxpayers (individuals, association of persons and
companies) in computing and determining their income chargeable to tax
and the tax payable thereon. This software also assists in preparing
return of income, annexes, wealth statement, wealth reconciliation,
and host of allied computations and details for the tax year 2008 in
accordance with the provisions of Income Tax Ordinance, 2001.
This software has a
limited application and may not cater for complex and unique tax
situations peculiar to any specific taxpayer. It also does not cover tax
situations involving more than one business and calculation of
additional tax.
“Income Tax Assistant”
can handle the data of multiple taxpayers and maintain record of each
taxpayer separately.
The objectives of
developing “Income Tax Assistant” are:
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To Facilitate and educate taxpayers in computing the
income chargeable to tax and tax liability thereon and preparation of
income tax return, applicable annexes, statements, allied computations,
details, etc.
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To
eliminate human
error, discretion, and thereby ensuring accuracy in computation of
income and tax liability.
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To enhance voluntary compliance by reducing the compliance
cost and saving the taxpayer from the burden of the technical language
of income tax law, procedures and practices.
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To standardize the processes and practices
“Income Tax Assistant” is not a tax
calculator alone but very extensive software based on artificial
intelligence.
Complexity of tax laws
that can cater for modern pace of economic developments and the ways
commercial and non-commercial transactions are undertaken cannot be
avoided. However, in this software the adaptation of a systematic flow
using multiple sub-menu levels has made it possible to overcome the
complexities and to make the preparation of income tax return etc. as
simple and user friendly as possible.
So, sit back and relax!
Preparation of income
tax return, various annexes, and allied computations etc., to discharge
your obligations under the income tax law was never so easy!
Try it! It’s easy
It’s simple It’s fast It’s free
Your comments and
suggestions will help us to further improve this software.
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In this application, all data entries are optional.
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Incomplete data entry may generate in complete / deficient
returns, annexes, computations or details etc.
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